Aftenposten | WHAT'S NEXT: INNOVATIONS IN NEWSPAPERS

GOOD NEWS FROM EUROPEAN NEWSPAPER COMPANIES

Files under Aftenposten, Axel Springer, Competition, European newspaper companies, Mathias Dopfner, Phil Stone, Schibsted, Variety | May 15th

Phil Stone reports:

Norway’s Schibsted reported” Strong advertising revenues and improved circulation figures for the print versions of VG, and Aftenposten.”.

Mecom, another media company also headquartered in Norway, has been busy the last year spending close to €2 billion ($2.7 billion) buying up some 100 European regional newspapers.

And Mathias Döpfner, chairman and ceo of Axel Springer, told Variety, “At the moment we are not only generating the highest profits with our newspapers in the history of our company, but also we are making money a lot faster with our newly launched newspapers.”

Competition.

U.S. newspapers, take note.